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To: MythMan who wrote (382352)3/18/2009 12:16:33 PM
From: Trumptown  Read Replies (2) | Respond to of 436258
 
The main points are that Dodd and co did sign the original agreement that stated that contracts would be honored...

I agree with that...that was the price of saving them from bankruptcy...

The smoke show about the 160Million compared to 100Billion is nothing...there is some BS going on



To: MythMan who wrote (382352)3/18/2009 1:14:53 PM
From: Broken_Clock  Respond to of 436258
 
To: Wayne Karp who wrote (191442) 3/18/2009 9:06:26 AM
From: MulhollandDrive 1 Recommendation of 191499

Obama, Congress knew about AIG bonuses for months
By JULIE HIRSCHFELD DAVIS –

WASHINGTON (AP) — Cue the outrage. For months, the Obama administration and members of Congress have known that insurance giant AIG was getting ready to pay huge bonuses while living off government bailouts. It wasn't until the money was flowing and news was trickling out to the public that official Washington rose up in anger and vowed to yank the money back.

Why the sudden furor, just weeks after Barack Obama's team paid out $30 billion in additional aid to the company? So far, the administration has been unable to match its actions to Obama's tough rhetoric on executive compensation. And Congress has been unable or unwilling to restrict bonuses for bailout recipients, despite some lawmakers' repeated efforts to do so.

google.com.